Global University Venturing

UC Berkeley’s robotics software developer Covariant hiked its overall funding to $147m in a round led by returning investor Index Ventures.

MIT spinout Iterative Scopes has now raised $43.5m altogether from investors including Eli Lilly and Johnson & Johnson.

4490 Ventures-backed Rentable has received $22.5m in its series B round.

MIT spinout Quaise has added $12m to its coffers, having previously collected seed funding from The Engine.

A range of strategic investors have backed a series A5 round for the clean nuclear energy technology developer that leverages OSU research.

Intervenn Biosciences was co-founded by faculty members at Stanford University and University of California, Berkeley.

New and returning investors have chipped into the ETH Zurich plant-based meat spinout’s pre-series B round, five months after it completed a series A.

The MDC spinout raised a series B round which will be used to boost its manufacturing capacity and advance its pipeline of candidates.

The industrial sensor manufacturer spun out of Michigan and Virginia has increased its latest round to $51m in a tranche backed by 3M, Ericsson and Armstrong International.

The MSU Foundation-run Pre-Seed III Fund has secured an additional $6.5m from MEDC, more than a year after the vehicle was formed with $3m.

UW's vaccine development company has listed on Nasdaq, with its shares rising on the first day of trading.